Study suggests costs rise under health care bill

Congressional budget experts say the House-passed bill would cost $1.2 trillion over 10 years and expand coverage to an additional 36 million people. The Republican plan Kirk touted is estimated to push down premiums for privately insured people but would reduce the number of uninsured by just 3 million, according to an analysis by the Congressional Budget Office.

The legislation that passed would raise $460 billion over the next decade from a surcharge on incomes over $500,000 for individuals and $1 million for couples. There are also more than $400 billion in cuts to Medicare and Medicaid and a new $20 billion fee on medical device makers.

The GOP bill had no new taxes, and unlike the House-passed measure, would permit insurance companies to continue denying coverage on the basis of pre-existing medical conditions.